Single income tax and social contributions declaration from 2011 in Romania
Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.
The single declaration will be filed with the National Agency for Fiscal Administration (ANAF), and then the Public Finance Ministry will send the necessary data to the National House of Pensions and to the National Employment Agency. Presently, employers must file five declarations monthly - two with ANAF, one with the House of Pensions, one with the Health Insurance House and one with the National Employment Agency.
For the employees' incomes, the employer pays 5.2 percent of the salary for health contributions, 0.5 percent for unemployment insurance contributions, 20.8 for percent pension contributions, 0.25 percent contributions to the wages guarantee fund, 0.15-0.85 percent in insurance against work accidents and occupational diseases contributions, 0.85 percent medical leave and allowance contributions and they hold from the employees 5.5 percent health contributions, 0.5 percent unemployment insurance contributions and 10.5 percent pension contributions.
The 16 percent income tax also applies, apart from these social contributions.
AGERPRES